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Thrasio

Thrasio IPO

$5.68B
Series D Valuation, Oct 2021
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Thrasio IPO date and status

2018
Founded
Feb 2024
Bankruptcy Filed Chapter 11
Jun 2024
Bankruptcy Completed Chapter 11

Company details

Thrasio Holdings was founded in 2018 by Carlos Cashman and Joshua Silberstein. Thrasio Holdings has not officially endorsed a plan to participate in an IPO.

Thrasio is a consumer goods company that scales marketplace vendors. Per Forge data, Thrasio has raised a total of $3.4 billion in funding over 12 rounds, with their latest funding being raised on Dec 31, 2022. Key investors include Advent International, Peak 6, Goldman Sachs Asset Management, Upper90, and RBC Capital Markets.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Subsector
Founded
2018
Headquarters
Walpole, MA, United States
Founders
Carlos Cashman, Joshua Silberstein
Forge Price 1
Price not yet available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$5.68B
Total Funding
$2.28B
Last Funding Round
Series D

Learn more about Thrasio

To invest in Thrasio pre-IPO

Can you invest in Thrasio pre-IPO?

Thrasio is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?

Can you sell shares of Thrasio before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Thrasio is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my Thrasio shares?

To explore the value of your Thrasio shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is Thrasio a publicly traded company?

Thrasio is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about Thrasio potential IPO

Will Thrasio go IPO?

Thrasio has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Thrasio’s IPO price?

The Thrasio IPO price does not exist at this time, as Thrasio is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Thrasio, register for Forge today.

When was Thrasio founded?

Thrasio was founded in 2018.

What is Thrasio funding to date?

Thrasio has raised $2.28B to date.

Thrasio major investors

Advent International
Basement Fund
Benevolent Capital
Corner Capital Management
Evolution Vc Partners
Innova Capital Partners
Oaktree Capital Management
Riverpark Ventures
Silver Lake
Stableton Financial

Thrasio pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
10/25/2021 Series D $1.07B $20.25 $5.68B Advent International, Corner Capital Patners, Oaktree Capital Management, Peak6 Investments, Silverlake, Upper90 Capital Management
Price per Share
$ xx.xx
Shares Outstanding
53,086,366
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advent International, Corner Capital Patners, Oaktree Capital Management, Peak6 Investments, Silverlake, Upper90 Capital Management
04/01/2021 Series C-3 $100MM $12.22 $3.41B Advent International, Oaktree
Price per Share
$ xx.xx
Shares Outstanding
8,183,133
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advent International, Oaktree
02/03/2021 Series C-2 $250MM $8.15 $2.21B Advent International
Price per Share
$ xx.xx
Shares Outstanding
30,686,751
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advent International
07/15/2020 Series X $500MM $1,000.00 $1B Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
500,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
07/15/2020 Series C-1 $259.98MM $4.65 $1B Advent International
Price per Share
$ xx.xx
Shares Outstanding
55,933,930
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advent International
04/10/2020 Series B $72.74MM $3.18 $587.2MM Peak6, River Park Ventures, Upper90, Wti
Price per Share
$ xx.xx
Shares Outstanding
22,840,130
Liquidation Pref Order
4
Liquidation Pref As Multiplier
0.5x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Peak6, River Park Ventures, Upper90, Wti
12/03/2019 Series A $14.99MM $0.86 $138.41MM Peak6, Upper 90, Wti
Price per Share
$ xx.xx
Shares Outstanding
17,496,600
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Peak6, Upper 90, Wti
04/03/2019 Series Seed $5.75MM $0.10 $14.4MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
57,495,520
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors

Thrasio IPO news and media highlights

Thrasio, once king of e-commerce aggregation, files for Chapter 11

Thrasio, once a leading e-commerce aggregator, filed for Chapter 11 bankruptcy after amassing billions in debt from acquiring smaller Amazon marketplace sellers. The company secured $90 million in financing to continue operations.

Ecommerce aggregator Thrasio sees a better life after bankruptcy

Ecommerce company Thrasio filed for Chapter 11 bankruptcy and announced a restructuring plan to eliminate $495 million of debt. Thrasio received commitments for $90 million in new financing to support ongoing operations as one of Amazon's largest third-party sellers. The restructuring aims to strengthen Thrasio's financial foundation.

Thrasio Welcomes New Chief Financial Officer

Thrasio Holdings, Inc. ("Thrasio"), a leading next-generation global consumer goods company, today announced that Josh Burke will join the company as Chief Financial Officer. Burke brings more than 20 years of experience in a variety of financial leadership roles, and has a proven track record for driving growth and profitability.

Thrasio Names Steven Shure President and Chief Commercial Officer

Thrasio Holdings, Inc. ("Thrasio"), a market-leading next-generation global consumer goods company, today announced that Steven Shure will join the company as President and Chief Commercial Officer (CCO).
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Consumer & Lifestyle
Subsector: E-commerce
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
DiscordDiscord$265.87 -$1.10 (0.41%)$ xx.xxSeries I$15B$550.62$500MM
SeatGeekSeatGeekNot available$ xx.xxSeries E$1.24B$5.35$238MM
StravaStrava$13.99 -$6.01 (30.05%)$ xx.xxSeries F-1$2.2B$13.99$50MM
SheinSheinNot available$ xx.xxNot available------
SKIMSSKIMSNot available$ xx.xxSenior$5B$403.16$225MM
Mammoth BrandsMammoth BrandsNot available$ xx.xxSeries F$2.36B$18.26$146.08MM
MeeshoMeeshoNot available$ xx.xxSeries E-1$3.9B$56.00$227MM
OyoOyoNot available$ xx.xxNot available------
MBXMBXNot available$ xx.xxSeries X$205.32MM$1.00$6.5MM
ZazzleZazzleNot available$ xx.xxNot available------

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $550.00 +$102.77 (22.98%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
SambaNova Systems SambaNova Systems $14.74 -$1.36 (8.45%)Medium $xxx.xx

Forge, your trusted partner for pre-IPO insights and Thrasio data

Forge is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.

Updated on: Jul 16, 2025

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

  1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge. Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company. The dollar-figure and percentage displayed indicates the per share change in dollar amount and percentage since the most recent Forge Price change. Percentages are rounded to the nearest whole number.
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  3. Post-Money Valuation represents the estimated valuation based on company-submitted Certificates of Incorporations (COIs).
  4. Last Known Valuation represents a valuation gathered from non-COI, publicly available sources including company press releases or multiple concurring news articles.
  5. Actively traded companies are companies with a high market activity with the highest post-money valuation in the same sector.

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